Feb 14, 2013 12:00pm PST
slightly over half of the cardinals who will elect his successor. but benedict xvi, or joseph ratzinger as he will begin on february 28, is too much of a respecter of the process to try to interfere with it. he is really going to disappear. you're not going to see him for a considerable length of time, that's how he wants it and that's how it ought to be. >> let me talk about cardinal timothy dolan, the religious new service calls him today the chris christie of the college of cardinals, a man who's a plus sized purlet who makes jokes about his weight. he said in terms of baseball, i am going to be pro choice. is it possible for them to choose an american pope? would it be good for the church to choose an american pope? >> reporter: if the cardinals decide that cardinal dolan is the man who can do what i just said to crystal, put a forward looking faith on the church's offer of disciple ship, i think he will be the man chosen. i think the old taboo about a superpower pope being off the table is really no longer in play. that had something to do with the cold war, obviously. but it also
Feb 11, 2013 7:00am PST
. when john paul died, we knew that joseph ratzinger who became pope benedict xvi, he was a very powerful man in the vatican the pope's enforcer in some ways. we all knew his name. we don't really know the names of any of these people now. but, so it's going to be a much more diverse, i think, selection process. >> what are the chances that we'll see a pope from central america or africa? >> it will tough to do that. majority of the catholics are in the southern hemisphere. growing church in africa and latin america. it would make a lot of sense to do that. i think it would be pretty hard to wrestle the power away from europe especially the italians. >> all right, it will be a really interesting couple of weeks. cokie, thank you so much. >>> elizabeth thanks. now to the other big headlines. the extreme weather slamming the country. tornadoes tearing across the country. sam is tracking it all. two blizzards. a real round of severe storms. we'll start with the pictures out of minnesota. it was the sunday blizzard. not the friday one. the one in the middle of country that put anywhere from 1
Feb 11, 2013 7:00am PST
. what has struck me in the 25 years i have known the man who will return to being joseph ratzinger, is the simplicity of his soul. this is a thoroughly convinced christian believer who happens to be one of the smartest people in the world who speaks six or seven languages with complete flewency, who knows the history of biblical religion from "a" to "z." who never wanted to be an executive, a manager, who always thought of himself primarily as a scholar. but who somehow could translate all of that learning into beautiful simplicities about god's love for the world and for god's people. >> and, george, even as we honor the service of this pope, we look forward to the election of a new pope. and tell us about this process. i mean, is this a sort of thing where, for lack of a better term, there are front-runners? >> there will be an enormous amount of ink spilled in the italian press over the next two weeks about front-runners. most of that would be silly. there are a number of cardinals who fit what would seem to me to be the profile. first of all, a man in full physical vigor. that
Feb 28, 2013 9:00am EST
, after eight years, formal cardinal joseph rat ratzinger retires as pop. as we continue to see what the conclave will do as we search for his successor as the entire world watches what is happening with him. >>> got some breaking news out of the new york fed. a hard right turn here to steve liesman. >> why does this always happen to me, carl? >> hard to follow the pope, my man. >> exactly. let me do my best. the new york fed reporting that total consumer indebtedness rising a scant 3% to 11.3 trillion. housing debt was flat. it was a small gain but the first gain we've seen since the first quarter of 2011, that was thought to be a bit of a statistical anomaly. so maybe this is the first real gain. let me show you what rose. auto loans up 15 billion. credit cards up 5 billion. the perennial student loans up 10 billion and they have been rising quite a bit. delinquencies are quite high. all delinquencies declined except for student loans and they were up almost 12% and probably because of a whole bunch of different reasons, carl, they could be twice as high as that. carl, back to you.